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Rental GuideWaterloo, ON

Waterloo rent data for:

As of today, you'll find 186 apartments for rent in Waterloo, with a median rent price of $1,995 per month. Waterloo has seen a 3%—or $58—decrease in median rent price compared to the previous year.

Apartments for rent

Average Rent

$1,995

Year Over Year Change

-3%

$58

Rentals available, last 30 days

186

Rent ranges for Waterloo apartments
$4,501 - $6,000
1%
$3,001 - $4,500
6%
$1,501 - $3,000
70%
$0 - $1,500
23%

How has rent in Waterloo, ON changed in the last two years?

The average rent in Waterloo, ON, for rentals of all sizes and types, is $1,995, which is a 2.94% decrease year-over-year.

The monthly rent for 1-bedroom apartments in Waterloo, ON is about $1,812. The average rent for 2-bedroom apartments in Waterloo, ON is $2,000, and studios are about $1,457 per month.

See more Waterloo, ON rent data on our rent research page.

How do residents get around Waterloo, ON?

Residents or visitors looking to take public transit can hop on a bus run by Grand River Transit (GRT) to navigate Waterloo and nearby areas.

Walking

5/10
Some shops and stores are within a few minutes.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Driving

8/10
This area is close to freeways and has adequate parking options.

Transit

2/10
There are a few mass transit options within the area.

Scores for Waterloo are calculated based on the proximity to and amount of infrastructure supporting each method of transportation.

Satisfaction survey results for Waterloo, ON

We surveyed 10,000 renters across the country about what it's like living in their cities and neighborhoods. In Waterloo, 70% of residents reported feeling satisfied or very satisfied with the city overall, which is higher than the national average of 66%.

Top Three Reasons to Live in Waterloo

Parks & recreation

80%Satisfaction rating

Pet friendly

70%Satisfaction rating

Public transportation

60%Satisfaction rating

Other Things to Consider

Nightlife
55%
Quality schools
55%
Weather
55%
Job market
40%
Dating scene
40%
Affordable housing
25%
Cost of living
25%

Data last updated in 2024. Do you live here? Take our survey and share your experience.

How we got this data

Explore rentals in Waterloo, ON

View all
Parkside Tower - Photo 1 of 1

1d ago

9.7

Excellent

Our team has verified this company

Verified

Parkside Tower

400 Parkside Dr, Waterloo, ON N2L 6E5

Air conditioning | On-site laundry | Balcony

2 beds

1 bath

$1,670–$1,940

Apartment for rent

200 Shakespeare Drive - Photo 1 of 1

4h ago

8.5

Very good

200 Shakespeare Drive

200 Shakespeare Dr, Waterloo, ON N2L 6C1

On-site laundry | Balcony | Elevator

1–2 beds

1–2 baths

$1,790–$2,610

Apartment for rent

Vogue Residences - Photo 1 of 1
Rent special

7h ago

8.8

Very good

Vogue Residences

155 King St N, Waterloo, ON N2J 0E8

Furnished | Air conditioning | Garage parking

1–2 beds

1–2 baths

$1,999–$2,961

Apartment for rent

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